“Mongolia has agreed to establish a working group with China to oversee the construction of new road, rail and pipeline infrastructure connecting the two countries with Russia, a member of a Mongolian government delegation to Beijing said.  The official, speaking to Reuters on condition of anonymity, said landlocked Mongolia aimed to become a ‘transit corridor’ to facilitate trade between its two giant neighbours and reduce the costs of delivering Russian commodities like oil and natural gas to energy-hungry Chinese markets.”

http://www.reuters.com/article/2013/10/29/mongolia-china-investment-idUSL3N0II18Y20131029

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